Article

Introduction
To start this paper let me drive you to what we mean by price ceiling and demand then compare it with another term “price floor” with similar application but opposing meaning. First let us understand the economic meaning of demand which is said to be the total buyers who are willing and able to buy the commodities in a market while Taylor, mentions that Price ceiling is described as a situation where the government sets a legitimate upper price limit or a point where a commodity price is not supposed to go above (2006).
For price ceiling to be effective it should be applied at a point lower than that offered by normal market equilibrium point i.e. where the market forces places the price. Price floor is formed as a result of price control mechanism by the government as well as price ceiling but it is distinguished from price ceiling such that it occurs where the government sets a limit below which a commodity cannot be sold i.e. the lowest price that the product should be sold in the market.
This way the market freedom of defining its equilibrium price and quantity is interfered where this price control apparatus are applied i.e. price ceiling and price floor affects the normal operating mechanism of the market. In the case of price ceiling the most common problem is shortages in the market as more is demanded due to low prices as opposed to the supply where less is made available.
This approach of price ceiling has led to other problems in the economy such as black markets. The main aim of this managerial economic application by the government in the market is to try and protect the buyers who are being exploited, although it ends up messing with the self control mechanisms of the market.
The impact of price ceiling is either binding in the sense that it creates an impact in the economy where in the short run it positively achieves its desired…...

Similar Documents

...An article (abbreviated art) is a word (or prefix or suffix) that is with a noun to indicate the type of reference being made by the noun. Articles specify the grammatical definiteness of the noun, in some languages extending to volume or numerical scope. The articles in the English language are the and a/an, and (in some contexts) some. 'An' and 'a' are modern forms of the Old English 'an', which in Anglian dialects was the number 'one' (compare 'on', in Saxon dialects) and survived into Modern Scots as the number 'ane'. Both 'on' (respelled 'one' by the Normans) and 'an' survived into Modern English, with 'one' used as the number and 'an' ('a', before nouns that begin with a consonant sound) as an indefinite article.
Traditionally in English, an article is usually considered to be a type of adjective. In some languages, articles are a special part of speech, which cannot easily be combined with other parts of speech. It is also possible for articles to be part of another part of speech category such as a determiner, an English part of speech category that combines articles and demonstratives (such as 'this' and 'that').
In languages that employ articles, every common noun, with some exceptions, is expressed with a certain definiteness (e.g., definite or indefinite), just as many languages express every noun with a certain grammatical number (e.g., singular or plural). Every noun must be accompanied by the article, if any, corresponding to its definiteness, and the lack of...

...I choose the article Effect of Expectancy Inductions on Rejected Children’s Acceptance by unfamiliar Peers, written by: David Rabiner and John Coie. This paper was written over research done over children to see how they react to peers and them accepting them and not accepting them. I am going to over this article in this paper.
This article starts off with the first study was done to look at whether rejected boys are able to make a better impression on unknown peers when they are led to think that they will be liked. The subjects of this study were 76 colored male third graders from ten schools North Carolina. Twenty rejected students and 18 popular students were identified and were the entry subjects and 38 average students were the hosts. The study took place in a group of rooms, including one with a one way mirror for video-taping. Two separate meetings took place. First meeting, the boys were grouped with others they did not know. They spent time learning names and answering questions about activities they liked. The next session was a peer group meeting and it occurred the next week. The group consisted of two of the hosts and two popular and two rejected boys. They were told they would be playing a game. They were randomly assigned to either a control group or experimental group. The first entry boy assigned to the experimental group received three communications that were to make them believe the hosts liked him and were looking forward to seeing him again. The......

...Memantine is the second type of drug-based treatment also one effective treatment for the Alzhermeir’s disease. Memantine can also be used to protect brain cells from damage caused by glutamate, a chemical messenger. Namenda is an example of a Memantine drug treatment was the first drug approved by FDA to treat the symptoms of moderate to severe Alzhermeir’s disease. For many years, some European countries use this drug in treating moderate to severe Alzheimer's disease ( Farlow MR, et al. 2003 ). It was functioning as a barrier to protect the brain's nerve cells against excess amounts of glutamate, a messenger chemical released in large amounts by the cells that had been damaged by Alzheimer's. American Health Assistance Foundation, in an article published in 2011 states that "When the glutamate attached to the cell surface "docking sites" called N-methyl-D aspartate (NMDA) receptor, calcium can flow freely into cells, which can lead to cell degeneration. Namenda may prevent this destructive sequence by adjusting the activity of glutamate". Memantine also has been proven to improve memory such as Alzhermeir's disease and it can be used alone or with other Alzheimer’s disease treatments such as Donepezil (Aricept) that was the only Cholinesterase Inhibitor approved to treat all stages of Alzheimer’s disease, including moderate to severe. There is some evidence when some of patients with moderate to severe Alzheimer’s who are taking a Cholinesterase Inhibitor might get benefit......

...In regards to the article above in which I have read and researched, it states that intellectual property is defined as “creations of the human mind.” Intellectual property rights are important to individuals, businesses, inventors, etc. The article discussed how intellectual property rights are legal rights which govern innovations. There are eight different types of intellectual properties which are all standardized by an agreement on Trade Related Aspects of Intellectual Property (TRIPS). The author examined each of the eight intellectual property rights. To sum it up, intellectual property rights are used to protect the distinctive creations of businesses and individuals.
The legal business issue that is represented in this article is an agreement of the Trade-Related Aspects of Intellectual Property. Intellectual property can be sold, purchased, hired or licensed. In each of these aspects, the properties need to be protected so others do not steal or misuse the creations of businesses or individuals. Businesses and the like have rights to protect their most vital assets and prosper from their creations and business developments. The best way to do so is by obtaining a patent.
This article discusses the options TRIPS can provide protection of intellectual rights. A patent gives the legal rights to products. Trademarks are used to protect symbols or labels which could be the life line of a business. Undisclosed information is used for protecting the......

...An article (abbreviated art) is a word (or prefix or suffix) that is used with a noun to indicate the type of reference being made by the noun. Articles specify grammatical definiteness of the noun, in some languages extending to volume or numerical scope. The articles in the English language are the and a/an, and (in some contexts) some. 'An' and 'a' are modern forms of the Old English 'an', which in Anglian dialects was the number 'one' (compare 'on', in Saxon dialects) and survived into Modern Scots as the number 'ane'. Both 'on' (respelled 'one' by the Normans) and 'an' survived into Modern English, with 'one' used as the number and 'an' ('a', before nouns that begin with a consonant sound) as an indefinite article.
Traditionally in English, an article is usually considered to be a type of adjective. In some languages, articles are a special part of speech, which cannot easily be combined with other parts of speech. It is also possible for articles to be part of another part of speech category such as a determiner, an English part of speech category that combines articles and demonstratives (such as 'this' and 'that').
In languages that employ articles, every common noun, with some exceptions, is expressed with a certain definiteness (e.g., definite or indefinite), just as many languages express every noun with a certain grammatical number (e.g., singular or plural). Every noun must be accompanied by the article, if any, corresponding to its definiteness, and the lack......

...wertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnm
Article Summary
SME’s International Trade outlook on the rise
|
Summary of the Article- SME’s international trade outlook on the rise
Skinner (2014), the author of the Article, works with the HSBC Bank as the head of the global trade and receivable finance team in the Australian location. This Article focus on the improving business trade conditions of the SMEs (Small and Medium Enterprises) operational in Australia and their expected trade performance in the coming years.
The half yearly released Australian Trade Confidence Index by the HSBC Bank has started reflecting a bullish trend for the business of the SME exporters and importers belonging to Australia, especially for the wholesale and retail importers in the construction sector. The overall SME imports are expected to raise on account of overall rise in the retail sales and the consumer goods segments. The exports by SME are......

...February 7, 2014, from http://www.edweek.org/tsb/articles/2011/10/13/01metlife.h05.html
B. Synopsis of the Article: This article is talking about the lack of resources for the diverse needs of students in the classroom. The article mentions that teachers and parents believe that programs and resources to help diverse learners should be a high priority in education. The article also mentions the views about not only parents and teachers but it also shows the views of students and executives of companies. Article then goes on to talk about some of the initiatives or programs that teachers suggested that could help the learning of the diverse students. Some of these where opportunities for collaboration access to interactive, personalized learning programs, better tools for understanding students’ learning strengths and needs, and others as well. Lastly it mentions the grades the students give their teachers. The students were likely to give their teachers a B+ on the accommodations that they made for the diverse students in their classes.
C. Critique of the Article: The article does a great job of explaining the message it is trying to convey, which is that there is a lack of resources for the diverse needs of students. It does a decent job of giving the thoughts of current teachers and how they feel on the matter of having lack of resources to properly education the diverse student s in their classes. One thing that this article lacks is more resources. It doesn’t......

...What is a Scholarly Article?
Meriam Library

California State University, Chico
Many instructors at the college level require that you use scholarly articles as sources when writing a research paper. Scholarly or peer-reviewed articles are written by experts in academic or professional fields. They are excellent sources for finding out what has been studied or researched on a topic as well as to find bibliographies that point to other relevant sources of information. How can you determine if your article is scholarly and/or peer reviewed? 1. Consult the chart. The chart on the back lists the general criteria for determining what type of periodical article you have. Keep in mind that some articles do not meet all the criteria. When in doubt, consult a Reference Librarian or your instructor. 2. Limit your database search to academic, scholarly, or peer reviewed journals. Many databases allow you to limit your search to academic, scholarly, or peer reviewed journals (terminology varies between databases). Although limiting provides a preliminary filter, not all articles within a scholarly journal are scholarly, so you will need to evaluate each article individually against the criteria in the chart. 3. Ask a Librarian We can help you find a scholarly article or determine whether an article you have is scholarly. Get help in person at the Reference Desk on the 2nd floor of the library, or chat online at the Research Station http://www.csuchico.edu/library, or text to......

...Can the Brilliant Jerk Be Managed Effectively?
By James Haskett
JAMES HESKETT
James Heskett is a Baker Foundation Professor, Emeritus, at Harvard Business School.
ORIGINAL ARTICLE
The annoying employee who makes his numbers while alienating those around him will gain needed attention in the coming months with at least one book about to be published on the subject. This is an age-old problem that most managers handle badly.
You know the story by now. It concerns high-performing employees, known by some as "stars" and by others as "destructive heroes" or "brilliant jerks," those who generate a great deal of business while creating problems for colleagues. They are demanding to the point of being abusive, they make promises to clients that their colleagues cannot meet, they take too much credit for success, and they generally are unable to adhere to commonly shared values of members of the organization.
The management response to this kind of situation is too often ineffective. By their own admission, their managers are reluctant to rock the boat as long as the numbers continue to be good. In doing so, they underestimate the costs to the organization, including the loss of other talent. And when they do act, they do so much too slowly, often after most of the damage has been done.
Jack Welch has written about the phenomenon of what he calls "jerks" or "bullies" from his own experience. At GE they were referred to as a "Type 4" manager, "the person who delivers on......

...and none of these assignments will be marked. Furthermore, these students may be penalised or subjected to University disciplinary proceedings.
PLAGIARISM: VERY IMPORTANT!
While you are strongly encouraged to become familiar with a broad range of ideas, be very vigilant regarding plagiarism. Any idea or argument that you incorporate in your essays, if drawn from elsewhere, must be clearly attributed to its source (and this, very importantly, includes Internet sources). Remember that plagiarism is a serious offence and, while often committed inadvertently, will result in zero per cent being awarded for submitted work. Please read the detailed explanation given below very carefully:
* If you copy something out of a book, an article, a website or another document without acknowledging its source, and pass it off as your own, that constitutes plagiarism. In effect, you are stealing something that belongs to someone else, dishonestly pretending that it is your own.
* If you paraphrase material (i.e. change the wording slightly) or use ideas or a line of argument without acknowledging the original source, this also constitutes plagiarism and the same severe penalty will apply.
* It is not enough to cite sources in the bibliography at the end of your essay. You must refer to these in the body of your essay, in brackets, next to every statement that is based on borrowed formulations or ideas.
* The Disciplinary Code for Students (2004) is......

...be taken over by his “superego” and eventually taken back over by his “ego.”
Our journey starts with the young man, the narrator, telling us his story. The young man is a caretaker of an old man who is really old and has a diseased eye. In “The Tell-Tale Heart” the young man starts out by loving the old man very deeply. He takes care of his every need, until one day “ the old man’s eye fell upon him and his blood ran cold”(Poe 2). The young man then turned to his narcissistic ways and it changed the way he felt about the old man whom “he loved so dearly” (Poe 1). In “ Explanation of: ‘The Tell-Tale Heart’ by Edgar Alan Poe,” which was rewritten by an unknown author, it explains how the narrator is a “paranoid schizophrenic”(pg. 1). The article explains how Edgar Alan Poe was obsessed with “death, madness, and troubled human relationships” (pg. 1). The narrator is definitely a man caught between normality and psychopath.
Further more the young man goes on to “spy on the old man every night for a week” (Poe 3). In doing this, the young man is letting his “id” take over his thoughts and actions. Chua brings up a good point in “An overview of ‘The Tell-Tale Heart,” stating that the “old man and the young man are one in the same person” (Chua 2). This is a good point because the young man is “spying on the old man for a week, opening the door each night a little at a time” (Poe 5). This brings a little light to the situation explaining why the old man does not catch the young......

...Scholarship Repository
University of Minnesota Law School
Articles
Faculty Scholarship
1988
Discovery in Labor Arbitration
Laura J. Cooper
University of Minnesota Law School, lcooper@umn.edu
Follow this and additional works at: http://scholarship.law.umn.edu/faculty_articles
Part of the Law Commons
Recommended Citation
Laura J. Cooper, Discovery in Labor Arbitration, 72 Minn. L. Rev. 1281 (1988), available at http://scholarship.law.umn.edu/
faculty_articles/307.
This Article is brought to you for free and open access by the University of Minnesota Law School. It has been accepted for inclusion in the Faculty
Scholarship collection by an authorized administrator of the Scholarship Repository. For more information, please contact lenzx009@umn.edu.
Discovery in Labor Arbitration
Laura J.Cooper*
The mere statement of the topic, discovery in labor arbitration, suggests a paradox. Is not the essence of the arbitration
process an effort to avoid the procedural complexities that
make litigation comparatively slow and costly? More than forty
years ago, Learned Hand admonished a litigant distressed with
the procedural failings of an arbitration proceeding:
Arbitration may or may not be a desirable substitute for trials in
courts; as to that the parties must decide in each instance. But when
they have adopted it, they must be content with its informalities; they
may not hedge it about with those procedural limitations which it is
precisely its......

...In this article, it goes into detail about what executive search consultants do and how they should act. Executive search is basically moving a person from one firm to another. This process is not as easy as it is said. “The profession is not regulated,” meaning there are gray areas as to the standards and what is off limits. Presidents and CEOs of executive search consultants firms in the article talk about maintaining a professional stand and remaining loyal to the clients, not the candidates. Executive search consultants are meant to help find candidates for clients and not take away people from the company they are helping. Also they should not practice “parallel processing,” which is basically having a candidate for two different clients.
Executive search consultants also have to “take care not to misrepresent themselves, their clients or the candidates during the search process” Each candidate has to be treated fairly to avoid a candidate not being chosen due to discrimination. Nowhere is perfect, there will be some search consultants who have favorites and try to get them selected instead, but all firms should be striving to avoid that practice.
Evaluation This article had some deal to do with business conduct. When reading this article, the ethical dilemma in Chapter three comes to mind. Lavonda had been recruited to another pharmaceutical firm. But how it she was recruited was not, by any means, appropriate. The case itself said that Lavonda was “lured away from......